Sensex up 231.29 pts

Dumanimail,28/3 : Snapping a losing streak of last three sessions, the BSE Sensex on Monday rose 231.19 points to close at 57,593.49 on positive European Market. The Nifty of National Stock Exchange (NSE) moved up 69 points at 17,222. Though, a see-saw trend was witnessed during the day, the equity market ended positive today. The BSE Sensex opened higher by 110 points at 57,472.72. It was surged 276 points at 57,638.34, days high, before closing at 57,593.49, up 231.29 points from its previous close. Meantime, it was plummeted nearly 537 points at 56,825.09, days low. The Sensex registered days high and low at 57,638.34 and 56,825.09 points respectively. The Nifty recorded days high and low at 17,235.10 and 17,003.90 respectively. The sectoral indices like Oil and Gas, Bankex, Energy and Telecom stocks pushed the market up.

Oil and Gas and Bankex moved up by more than one percent while Energy and Telecom stocks too rose between 0-1 per cent. In scrips, Bharti Airtel advanced 3.40 per cent to Rs 733.35 a major gainer followed by Axis Bank by 2.23 per cent to Rs 737, ICICI Bank by 1.74 per cent to Rs 711.30, SBI by 1.68 per cent to Rs 498.60 and ITC by 1.54 per cent to Rs 257.20. The losers were Nestle India by 1.90 per cent to Rs 16,850, HDFC by 1.57 per cent to Rs 2268, HCL Technology by 1.41 per cent to Rs 1163.70 and Dr Reddy’s Lab by 1.40 per cent to Rs 4300. The Mid Cap fell by 0.40 per cent and Small Cap by 0.53 per cent . In 30 scrips, 19 advanced while 11 fell. European Market was up as investors continue monitoring developments in the war between Ukraine and Russia. The pan-European Stoxx 600 moved up by 0.5 per cent in early trade, with insurance stocks increased by 1.3 per cent. On Wall Street, Dow Jones Futures went up 0.08 per cent while the Nasdaq Composite Futures eased 0.3 per cent. Asian Market was seen weak as Japan’s Nikkei fell 0.7 per cent and China’s CSI300 fell 0.6 per cent.

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